The firm you founded currently has 13 million shares, of whichyou own 4 million. You are considering an IPO where you would sell3 million shares for $22 each.
If all of the shares sold are primary shares, how much will thefirm raise? What will be your percentage ownership of the firmafter the IPO?
if all of the shares sold are primary shares, the firmwill raise _____million. (Round to one decimal place.)
Part 2
Your percentage ownership of the firm after the IPO willbe____%
(Round to one decimal place.)
The firm you founded currently has 13 million shares, of which you own 4 million. You are considering an IPO where you
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